CAIT refuses to work with online marketplaces to help Kiranas
The Confederation of All India Traders (CAIT) on Friday said it was unwilling to work with ecommerce marketplaces Flipkart and Amazon to develop small offline traders.
Amazon unlikely to add Reliance Retail stake to its shopping cart
Amazon has now started exploratory talks with Landmark group’s value fashio...
Maersk & BlackBuck partner to provide online marketplace for containerised trucking
The platform will be open to the whole industry and will ...
Commerce ministry hopes for an ecommerce Government e-Marketplace
If the plan goes through, consumers & businesses will be able to buy products listed on GeM by private cos.
CCI approves Amazon.com's investment in Future Coupons
The CCI has given nod to Amazon.com's proposal to acquire about 49 per cent share in Future Coupons.
Retail & online marketplaces adopt GS1 DataKart
Amazon already adopts GS1 barcodes in overseas markets like the US, which the standards provider said eliminates dependence on intermediaries such as distributors and sellers for product information.
Bank of Baroda to foray into e-commerce business
The bank said it will offer various kinds of banking services and farm-related products on its e-commerce platform.
Online marketplace for booking locations,Venuelook, raises pre-series A
Started from Delhi and first covering NCR, Venuelook has helped over 2 lakh people discover the right venue for their events.
Quikr completes Zefo buy
With Quikr and Zefo as a combined entity, we will be able to offer a broader selection of products at even more competitive prices along with as strong a focus on quality, said Pranay Chulet, founder, Quikr.
Flipkart and Amazon clock Rs 31,000 crore in festive sales
The average order value for Flipkart stood at Rs 1,976 versus Rs 1,461 on Amazon, indicating that customers bought higher-value items from the Walmart-owned marketplace. Flipkart led with 64% share of the combined gross sales while Amazon continued to fare higher in net promoter score (NPS). NPS measures the loyalty of customers to a company.
Large online marketplaces may seek extension of Feb 1 deadline for new FDI rules: Sources
Another official said companies are studying the recently announced amendments in detail and are likely to approach the government in coming weeks.
Sale or no sale, It’s a deep discount year on online marketplaces
This is in sharp contrast with the perception that most brands indulge in deeper discounting during sales period than on regular days
How FDI norms put an end to juicy deals for eshoppers
The rejig of FDI guidelines for ecommerce marketplaces forced players such as Flipkart, Amazon to restructure their affiliations with sellers and brands.
FDI in e-commerce: Amazon, Flipkart seek extension of February 1 deadline
These norms - which are effective February 1 - are likely to hit Amazon and Flipkart, the hardest. These two e-commerce platforms are also the largest in the country.
Urban Ladder to push budget offerings
The company is set to sharpen its focus on lower-priced products and ensure this segment comprises 20% of its entire merchandise.
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